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Kodak can't dismiss Apple's claims on patents, gets clearance to sell those patents regardless
Apple might have been denied a lawsuit against Kodak while the former camera maker is in bankruptcy, but that hasn't kept it from winning in court. A Manhattan judge has tossed a Kodak attempt to dismiss Apple's claims that it, not Kodak, owns 10 of those patents through collaborative work back in the QuickTake days. The ruling explicitly clears Kodak to sell the patents to the highest bidder and gives it a quicker path to recovery. However, the compromise also sends a warning to any potential buyers that Apple might have a stake in patents that change hands -- a decision that will either push Kodak to set some money aside or risk sticking a potential buyer with the bill. While who owns what is still up for debate, Kodak likely isn't eager to have another Sword of Damocles over its head that risks scaring away much-needed patent buyers.
[Image credit: Pittaya Sroilong, Flickr]
Kodak can't dismiss Apple's claims on patents, gets clearance to sell those patents regardless originally appeared on Engadget on Wed, 13 Jun 2012 16:19:00 EDT. Please see our terms for use of feeds.
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